Atlanta, GA (PRWEB) December 10, 2004
The Financial Documents Division of ACOM Solutions, Inc. has commenced a monthly live webinar series for bank and credit union executives that is designed to increase understanding of how in-house check production solutions fit into financial institutionsÂ operations, how they work, and how they contribute to non-interest revenue and improved customer service while staking out a stronger competitive position for institutions.
According to Division Vice President and General Manager Mark Firmin, revenues from inhouse check printing solutions can be significant: a $200 million institution with 10,000 checking accounts potentially can recapture $50-$75,000 in lost revenues annually from checkbook orders.
ÂMany banks feel that they cannot compete with the discount vendors that advertise in mailer coupon packs, newspapers and on the web,Â he said, Âbut in virtually all cases, the economics are decidedly in favor of the in-house solution.Â
Competing with discount vendors is easier now than ever, he added, noting that the quality issues that plague many people who buy these checks become even more severe under the rigors of check imaging introduced by the Federal governmentÂs Check 21 initiative.
ÂIn the past,Â he said, Âquality problems simply meant an additional cost to the bank which often had to manually key in the check information. Now, poor quality can make imaging impossible, essentially blocking the orderly flow of electronic banking information.Â
These types of subjects and more are covered in depth in the hour-long webinars, which also include a case history of a successful bank using an in-house system as well as an on-line question/answer forum. For information on the schedule for January 2005 and to register, visit http://www.inhousechecks.com.
About ACOM Solutions
ACOM Solutions Financial Documents Division is the premier developer and marketer of check and financial document production solutions that enable financial institutions to streamline their front office and back office check and financial document production activities, and to create and fulfill customer check orders and reorders in-house, versus outsourcing to commercial check vendors. ACOM Solutions, Inc. is a multidivisional, international developer and marketer of conventional and e-business solutions that integrate with enterprise applications to enhance back office and B2B processes for electronic, Internet and paper-based commerce. For more information, contact ACOM Solutions Financial Documents Division at 3305 Breckinridge Blvd, Suite 130, Duluth, GA 30096; telephone 770-279-8955; email firstname.lastname@example.org; web: http://www.inhousechecks.com.
310 393 6281
770 279 8955
562 424 7899
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